Corinthian swings to a quarterly loss
From Times Wire Services
Education company Corinthian Colleges Inc. of Santa Ana posted a loss for its fiscal fourth quarter, citing costs from closing some facilities.
The net loss was $8.76 million, or 10 cents a share, contrasted with profit of $8.7 million, or 10 cents, a year earlier. Revenue increased 4.2% to $234.9 million.
More to Read
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
